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Record investments totaling $20.8 billion were made in emerging space companies during the third quarter of 2026, nearly tripling the figure from the second quarter after surpassing the previous high of $7.4 billion. Funding focused on space infrastructure companies, particularly in rocket launches and space access services, which attracted $16.4 billion, while satellite communications and Earth observation firms received about $4 billion. The increasing commercial demand and government programs have driven investment activity, with the number of deals rising to 216 and major financings such as $1.37 billion for Hedrian and $1 billion for Stok Space. While private companies continue to receive the majority of funding, public companies are performing less profitably. Despite a slowdown in pace, forecasts indicate that investment will remain above its historical averages, fueled by ongoing investor interest in corporate expansion and space capacity development.
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